Tesla Plans to Produce Humanoid Robots in Shanghai

[SMM Aluminum Alloy Daily Review] Futures side, the most-traded aluminum alloy 2606 contract opened at 23,560 yuan/mt today, dipped to a low of 23,470 yuan/mt during the session, then rebounded in a volatile manner to a high of 23,675 yuan/mt, and closed at 23,635 yuan/mt before noon, up 125 yuan/mt or 0.53% from the previous closing price. The spot ADC12 market remained stable overall, with insufficient demand-side support, mediocre trading activity, and clearly limited upward momentum in prices.

[SMM Express] According to reports, the Hunan Zhuonuo Weidian Equipment Industrial Park, invested by Zhuonuo Industrial (Shenzhen) Group Co., Ltd., recently reached an important period — the fully automated aluminum alloy anti-static floor die-casting production line in Workshop No. 3 officially commenced production, while a groundbreaking ceremony was held for Workshop No. 4.

[SMM Express] According to reports, Furand Co., Ltd. achieved operating revenue of 11.763 billion yuan for the year, up 4.29% YoY; net profit attributable to shareholders of the publicly listed firm was 375 million yuan, up 18.55% YoY. During the reporting period, affected by lower raw material prices YoY, although the company's product sales volume achieved significant growth, sales revenue grew relatively moderately YoY. Core business side, building on its automotive metal sheets & plates processing and distribution business, the company further expanded into automotive lightweight parts, covering integrated aluminum die-casting, hot stamping, laser tailor-welded blanking, and other areas.